WASHINGTON D.C. — Today, the Developing Overseas Mineral Investments and New Allied Networks for Critical Energies (DOMINANCE) Act, legislation introduced by House Foreign Affairs Subcommittee on East Asia and the Pacific Chair Young Kim (CA-40) and Ranking Member Ami Bera (CA-06), passed the U.S. House of Representatives.
Energy and critical minerals underpin U.S. national security, advanced manufacturing, and economic competitiveness. Yet today, the PRC controls roughly 70 percent of global rare earth mining and 90 percent of processing, while strategic energy and mineral supply chains remain vulnerable to disruption and coercion. The DOMINANCE Act confronts this challenge head-on by aligning U.S. diplomatic, development, and financing tools to secure stronger, more resilient energy and critical mineral supply chains outside of the PRC’s influence.
Chairwoman Kim spoke in support of H.R. 7037 on the House Floor. Watch her remarks HERE.
“The United States needs a durable plan to strengthen critical mineral supply chains and reduce strategic dependencies that threaten our economic and national security. The PRC has spent decades expanding its influence across global critical minerals supply chains. America must meet this moment with allies and partners and ensure the materials that power our modern economy are not controlled by a strategic competitor. Our DOMINANCE Act creates the long-term partnerships, institutions, and strategy needed to compete with China and secure reliable access to critical minerals for decades to come. We are proud to see our legislation pass the House with overwhelming bipartisan support and look forward to working with our Senate colleagues to advance it into law,” said Representative Kim.
Organizations supporting the DOMINANCE Act include: American Academy of Diplomacy, American Conservation Coalition Action (ACC Action), American Council for Capital Formation (ACCF), American Critical Minerals Association (ACMA), American Energy Leadership Institute (AELI), American Petroleum Institute (API), Bipartisan Policy Center Action (BPC Action), ClearPath Action, Climate Leadership Council, DZYNE Technologies, the Foundation for Defense of Democracies (FDD) Action, the Foundation for American Innovation, Information Technology Industry Council (ITI), KoBold Metals, the National Association of Manufacturers (NAM), Newmont Corporation, Progressive Policy Institute, SAFE’s Center for Critical Minerals Strategy, Third Way, US-ASEAN Business Council (USABC), USLNG Association (LNG Allies). Read their quotes of support HERE.
Read the full bill text HERE, section-by-section HERE, and one-pager HERE.
